https://www.taxtmi.com/caselaws?id=426964 The Tribunal approved the Resolution Plan submitted by the successful Resolution Applicant, leading to the dissolution of the Monitoring Committee based on the Applicant's assurances. The Resolution Plan included provisions for payment to creditors and stakeholders, and the Applicant delisted its equity shares post-approval. Disputes arose over the increase in authorized share capital and infusion of funds, with the Registrar of Companies disallowing fee waivers. The Resolution Applicant intended to infuse more funds as needed. The Tribunal's decision to dissolve the Monitoring Committee was based on the Applicant's commitments and the Committee's agreement, ensuring compliance with the Code's provisions. en-us Fri, 05 Aug 2022 00:00:00 +0530 Tue, 30 Aug 2022 08:35:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426964 The Tribunal approved the Resolution Plan submitted by the successful Resolution Applicant, leading to the dissolution of the Monitoring Committee based on the Applicant's assurances. The Resolution Plan included provisions for payment to creditors and stakeholders, and the Applicant delisted its equity shares post-approval. Disputes arose over the increase in authorized share capital and infusion of funds, with the Registrar of Companies disallowing fee waivers. The Resolution Applicant intended to infuse more funds as needed. The Tribunal's decision to dissolve the Monitoring Committee was based on the Applicant's commitments and the Committee's agreement, ensuring compliance with the Code's provisions. Case-Laws Insolvency and Bankruptcy Fri, 05 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426964